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3/25/24, 11:13 AM IOTA Foundation Launches $10m Investment Fund At Investopia 2024 To Develop Trade Technology Solutions
IOTA Foundation Launches $10m Investment Fund At
Investopia 2024 To Develop Trade Technology Solutions
March 24, 2024 by Newsdesk 23
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His Excellency Abdulla Bin Touq Al Marri, the Minister of Economy and Chairman of Investopia, attended the
unveiling of a new investment fund valued at $10 million by the IOTA Ecosystem DLT Foundation during
Investopia 2024. The fund’s primary goal is to promote the development of TradeTech solutions and support the
expansion of startups and venture projects based on digital technology initiatives and the tokenisation of tangible
assets.
The announcement aligns with Investopia’s vision to inspire entrepreneurs to expand into new economic sectors
by offering the necessary tools and opportunities to foster the growth and prosperity of their innovative projects.
The fund, introduced in partnership with TLIP, a specialised digital platform for trade data storage and exchange,
aims to enhance the trade technology landscape and foster a more interconnected, efficient, and accessible
global trade system. Additionally, it seeks to offer trade financing solutions to businesses and governments. This
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